Finance Research

The finance faculty is an active research group dedicated to advancing the understanding of financial economics. Many of the faculty have earned international reputations for contributions to their fields. They are officers of prestigious professional organizations, are editors of and serve on editorial boards of leading academic journals, and consult and teach for public and private sector organizations. They are frequent contributors to the leading scholarly journals in finance and economics.

The combined intellectual capital of the Smith School’s 150 full-time and 50 part-time faculty are geared to the forces that are transforming the global economy and business and dedicated to helping our students understand and adapt to change. The Smith School is consistently ranked in the top 15 in the world for faculty research by Businessweek and Financial Times.

Finance Seminar Speakers: Fall 2025

DateSpeakerLocation
September 5
10:30 a.m.–Noon
Andrew Abel
University of Pennsylvania
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Van Munching Hall, Room 1330
September 12
10:30 a.m.–Noon
John Graham
Duke University
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Van Munching Hall, Room 1330
September 26
10:30 a.m.–Noon
Adriano Rampini
Duke University
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Van Munching Hall, Room 1330
October 3
10:30 a.m.–Noon
Matthew Baron
Georgetown University
Permanent Capital Losses After Banking Crises
By Matthew Baron, Luc Laeven, Julien Pénasse, and Yevhenii Usenko
Van Munching Hall, Room 1330
October 10
10:30 a.m.–Noon
Heitor Almeida
University of Illinois at Urbana-Champaign
The Equity Constraint Channel of Monetary Policy
By Heitor Almeida, Timothy Johnson, Sebastiao Oliveira, and Yucheng Zhou
Van Munching Hall, Room 1330
October 24
2–3:30 p.m.
Kent Daniel
Columbia University
Inefficiencies in the Securities Lending Market
By Kent Daniel, Alexander Klos, and Simon Rottke
Van Munching Hall, Room 1333
November 14
10:30 a.m.–Noon
Marius Guenzel
University of Pennsylvania
AI Personality Extraction From Faces: Labor Market Implications
By Marius Guenzel, Wharton; Shimon Kogan, Wharton/Reichman; Marina Niessner, Indiana; Kelly Shue, Yale
Van Munching Hall, Room 1330
November 21
10:30 a.m.–Noon
Simon Mayer
Carnegie Mellon University
Financial Intermediation With Fragile Seigniorage: A Dynamic Model of Stablecoin Issuers
By Ye Li and Simon Mayer
Van Munching Hall, Room 1330
December 5
11:30 a.m.–1 p.m.
Kairong Xiao
Columbia University
What Do $40 Trillion of Portfolio Holdings Say About Monetary Policy Transmission?
By Chuck Fang and Kairong Xiao
Van Munching Hall, Room 1333
December 12
10:30 a.m.–Noon
Daniel Graves
Harvard University
Van Munching Hall, Room 1330

Finance Seminar Speakers: Spring 2025

DATESPEAKER
February 28 Aaron Pancost 
University of Texas, Austin
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March 14 Deniz Aydin 
Washington University in St Louis
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April 4 Taisiya Sikorskaya 
University of Chicago
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April 7Kilian Huber 
University of Chicago
Download: Paper 1; Paper 2
April 11Torben Andersen 
Northwestern University
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April 25Bo Bian 
University of British Columbia
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May 2Julia Fonseca 
University of Illinois Urbana-Champaign
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May 9Carola Frydman 
Northwestern University

Finance Seminar Speakers: Fall 2024

DATESPEAKER
September 6Toni Whited
University of Michigan
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September 13Sharjil Haque
Federal Reserve
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September 20Deeksha Gupta
Johns Hopkins University
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September 27John Shim
University of Notre Dame
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October 4Paymon Khorrami
Duke University
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October 15Charles Nathanson
Northwestern University
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October 18Daniel Garrett
University of Pennsylvania
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October 25Valentin Haddad
UCLA
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November 8Greg Buchak
Stanford University
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November 22Amiyatosh Purnanandam
University of Michigan
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December 6Jaroslav Borovička
New York University
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December 10Scott Baker
Northwestern University
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Finance Seminar Speakers: Spring 2024

DateSpeaker
March 15Christian Opp
University of Rochester
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April 19Janet Gao
Georgetown University
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April 24David Autor
Massachusetts Institute of Technology
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April 26Kerry Back
Rice University
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May 3Olivia Kim
Harvard Business School
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May 17Philip Dybvig
Washington University in Saint Louis
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Finance Seminar Speakers: Fall 2023

DateSpeaker
September 7Stavros Panageas
UCLA
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September 15Winston Dou
University of Pennsylvania
September 29Dmitiry Muravyev
Michigan State University
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October 6Luigi Zingales
University of Chicago
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October 18Ufuk Akcigit
University of Chicago
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November 17Sheridan Titman
University of Texas, Austin
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December 8Lubos Pastor
University of Chicago
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December 15Jason Sockin
Cornell University
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Banking Seminar

October 24, 2024

Event highlights

The Journal of Financial Services Research and the Center for Financial Policy hosted the inaugural Banking Seminar Series at the Ronald Reagan Building, Smith School Suite. The event featured Raghuram G. Rajan, Katherine Dusak Miller Distinguished Service Professor of Finance at the University of Chicago Booth School of Business, who led the first seminar in the series.

Financial Databases & Software

The Robert H. Smith School of Business provides its faculty and students easy access to the world’s leading online real-time financial data and software. In partnership with the University of Maryland McKeldin Library, the Robert H. Smith School of Business provides its faculty and students with a world-class set of research financial and other business databases, and the software to access them. Thomson Reuters Reuters 3000 Xtra – 62 concurrent accesses Reuters 3000 Xtra is a high-speed, integrated information and transaction service. It gives users a commanding view of the global real-time financial arena and provides a combination of news, information and insight as well as access to the global Reuters trading community. Its integrated price discovery and trading capabilities across all asset classes mean that decisions can be made and executed from a single desktop. Reuters 3000 Xtra reflects Reuters vast experience in global financial markets; functionality is continually upgraded and content enriched. Datastream Advance Thomson Datastream Advance offers you access to the world's largest and most respected financial statistical database. It contains more than two million financial instruments, securities, and indicators for over 175 countries in 60 markets. With up to 50 years of history and over 8,000 different fields, it provides access to over one hundred million time series. Thomson Datastream Advance combines easy-to-use, pre-formatted charts and tabular reports with truly flexible charting to help reveal new insights and relationships. Bloomberg Bloomberg Professional – 6 full function terminals The BLOOMBERG PROFESSIONAL® service seamlessly integrates real-time and historical information on about 5 million bonds, equities, commodities, currencies and funds. The electronic library also comprises data on almost every publicly traded company and biographies of more than 1 million people. And because everything is provided in single source, information can be accessed, analyzed or archived with just a few keystrokes or clicks. Historical Databases and Retrieval Software Full access is available to members of the University of Maryland community and on the Maryland campus. WRDS We subscribe to the Wharton Research Data Services (WRDS), a web based data service that provides instant access to several research quality financial databases.

Research Articles

October 21, 2021
The Way Forward

From the earliest weeks of the pandemic, Maryland Smith’s Nicole Coomber was noticing a worrying trend.

Read the article : The Way Forward
October 20, 2021
Finance Themes to Watch for During COP26
As global leaders and business leaders convene in Glasgow for the 26th UN Climate Change Conference of the Parties (COP26), Maryland Smith’s Clifford Rossi will be watching the headlines.
Read the article : Finance Themes to Watch for During COP26
September 30, 2021
Overconfident Investors Are Creating Momentum. Here’s How To Capitalize On It.

Every investor is chasing the answer to one question: When should I buy stocks and when should I sell them? It’s the elusive formula for timing the market. Now new research from Maryland Smith’s Albert S.

Read the article : Overconfident Investors Are Creating Momentum. Here’s How To Capitalize On It.
September 29, 2021
New Study Shows Path to Uninterrupted Supply of Safe, Effective Drugs for US Consumers
A combination of factors including the current corporate tax rate makes pharmaceutical production in the United States more attractive now than investing in either China or India. And adopting advanced technologies such as Continuous Manufacturing (CM) further positions the United States to…
Read the article : New Study Shows Path to Uninterrupted Supply of Safe, Effective Drugs for US Consumers
August 4, 2021
In Robinhood’s Debut, Echoes of Facebook
Robinhood’s Nasdaq debut was concerning and lackluster. And to Maryland Smith’s David Kass, it was also familiar.
Read the article : In Robinhood’s Debut, Echoes of Facebook
July 6, 2021
America Has an Oligopoly Problem
There’s a growing bipartisan push on Capitol Hill to strengthen antitrust agencies and weaken the dominance a few big companies have over entire industries in the United States, namely the big tech companies. In June, House lawmakers took their first votes on a series of bills that would, for…
Read the article : America Has an Oligopoly Problem
July 1, 2021
Is It Time for Financial Climate Risk Regulation?

Financial institutions should be accounting for climate change, but risk models currently are insufficient for regulators to mandate climate stress testing or capital requirements, Maryland Smith’s Clifford Rossi said this week, speaking to the Subcommittee

Read the article : Is It Time for Financial Climate Risk Regulation?
June 22, 2021
What’s Ahead for Mortgage Rates?

What’s ahead for mortgage rates? There will be movement, says Maryland Smith’s Clifford Rossi, the question is: How much?

Read the article : What’s Ahead for Mortgage Rates?
June 16, 2021
Buying and Selling a House in a Hot Market
SMITH BRAIN TRUST – In the housing market, 2021 is shaping up to be the year of the bidding war. In the United States, prospective home buyers are facing fierce competition for limited inventory, as low mortgage rates and pent-up demand drives a seller’s market. Homes for sale are seeing multiple…
Read the article : Buying and Selling a House in a Hot Market
June 16, 2021
21 for 2021: Midyear Stocks To Watch

SMITH BRAIN TRUST – With temperatures rising, Maryland Smith’s David Kass is looking to add a little heat to his biannual list of stocks to watch, dropping four of the picks he made in Decembe

Read the article : 21 for 2021: Midyear Stocks To Watch
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